Abercrombie & Fitch Co. Provides Fourth Quarter and Fiscal Year Outlook Update
NEW ALBANY, Ohio, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) has issued a business update, highlighting its performance for the fourth quarter and the full year of fiscal 2025. CEO Fran Horowitz emphasized the company's strong sales momentum, noting record net sales through fiscal December, which align with their expectations.
Strong Holiday Performance and Continued Growth
Horowitz stated, “Our team remained on offense across product, voice, and experience.” The company has achieved balanced growth across regions, brands, and channels. Notably, Hollister Brands experienced a robust holiday season and is poised for another year of mid-teens net sales growth. At Abercrombie Brands, the holiday response has been positive, leading to an anticipated low single-digit net sales growth in the fourth quarter following last year's record results.
Fiscal 2025 Outlook: Key Expectations
Abercrombie & Fitch is on track for a significant progress year in 2025, with expectations of more than 6% growth in net sales and continued top-tier profitability. The company's operating margins are forecasted to remain strong among peer companies.
- Net sales: Growth of at least 6%
- Operating margin: Around 13%
- Effective tax rate: Approximately 30%
- Net income per diluted share: Expected range of $10.30 to $10.40
- Share repurchases: Approximately $450 million
- Capital expenditures: Estimated at $245 million
Fourth Quarter Fiscal 2025 Highlights
The outlook for the fourth quarter of fiscal 2025 suggests growth will be around 5%, with an operating margin projected at around 14%. Additionally, the effective tax rate remains consistent at approximately 30%, and net income per diluted share is expected to be between $3.50 and $3.60.
- Net sales: Growth Around 5%
- Operating margin: Around 14%
- Net income per diluted share: Expected range of $3.50 to $3.60
- Share repurchases: Approximately $100 million
Investor Engagement and Forward-Looking Statements
Abercrombie & Fitch will engage with investors and analysts at the 2026 ICR Conference on January 12-13, 2026. The company acknowledges that its statements regarding its earnings outlook for fiscal 2025 contain forward-looking information that involves risks and uncertainties, including those related to global trade policies, economic conditions, and competition.
This forward-looking outlook should not be construed as guarantees of future performance, as various factors could lead to different outcomes. The company aims to manage these risks while making continued investments for long-term success.